Visa paves the way in supporting MTR’s launch of contactless bank card payments at entry/exit gates: Commuters can now Tap to Ride with Visa on MTR
12/23/2023
Visa, the world’s leader in digital payments, today announced its support for MTR Corporation as MTR newly launches contactless bank card payments. Local passengers and inbound travellers will be able to use this new service with Visa starting from today (December 23) at designated gates wrapped in light blue by tapping their contactless credit card, debit card or payment-enabled devices such as smartphones and smart watches on the credit card readers when riding the MTR.
On the first day of this payment launch, Visa collaborated with local cultural enterprise Walk in Hong Kong to organise a special walking tour for inbound travellers to learn about the fascinating stories of Hong Kong Island, and experience the convenience of travelling in the city as one of the highlights. The tour will enlighten inbound travellers of deep-rooted history and culture, while promoting the use of universally consistent payment methods locally.
Visa is committed to uplifting smart mobility through an open-loop digital payment ecosystem in Hong Kong, providing a convenient and seamless payment experience to passengers and travellers. According to VisaNet1, the number of Visa transactions on transit systems (except air transport) in Hong Kong has grown from a seven-digit figure in the first nine months of 2022 to an eight-digit figure in the same period of 2023. The total Visa payment volume on transit systems (except air transport) in Hong Kong for the first nine months of 2023, has also surpassed the total number recorded in the first nine months of 2022 and 2021.
Contactless bank card payment at entry/exit gates was launched today with Visa accepted for the initial phase, providing greater convenience for local commuters and inbound travellers.
Visa collaborated with local cultural enterprise Walk in Hong Kong to organise a special tour of Hong Kong Island for inbound travellers with a focus on the convenience of traveling around the city.
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1 Data collected from VisaNet over the periods of January-September 2021, January-September 2022 and January-September 2023.
About Visa
Visa is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.